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Life insurance for married couples

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Plan For Your Family's Future

A Child not only brings joy, a sense of maturity and responsibility to the parents but also the need for financial planning as they count on you for all their needs including financial ones. And there is no way you can ever let them down.

With education inflation, changing lifestyles, increasing expenses and inflation growing faster than your income; you might wonder how you'll manage their dreams. You should have an investment plan for your children’s education fund, which can help your children meet their career aspirations. You should also protect your life by taking adequate life cover so that even if something were to happen to you the child’s dreams are not compromised.

But it's not just your Child’s education and future that worries you; you need to cover your liabilities as well, plan for your own future and your dreams too.

Looking for Plans to Fund You and Your Child's Dreams?

Here’s some food for thought

The earlier you start, the lesser you need to invest

With rising costs, the amount that you need to save today for your goal based corpus, might increase substantially if you postpone saving to a later stage. Good financial planning will enable you to accumulate a corpus to meet all your family’s aspirations with sufficient investment.

Ensure that your dreams are met too

Children’s security and happiness are the most important priorities for parents, but your own aspirations and financial security is also important.

An uninterrupted future for your child

You should start saving for your children’s education fund early, so that you have sufficient funds to meet your children’s higher education aspirations. It is a challenge because you also need to meet your household expenses, home loan EMIs and other obligations. However, it is achievable if you commit early to save in an investment plan for your child.

Safeguard your family from uncertainties of life

Life insurance plans provide your family with a financial cushion in case of unfortunate events.With a joint life insurance policy, you can get life cover for both you and your spouse at a reasonable cost. While an untimely death is a grave financial risk for your family, critical illness which renders you unfit to work is also a significant risk.

Enjoy Tax benefits

You can enjoy tax benefits as per prevailing norms under the Income Tax Act, 1961

Your Key Financial Goal

 

1 Save for your child future

Save for your child future

 

2 Begin To Pay Off Your Debts

Begin To Pay Off Your Debts

 

3 Start planning for retirement

Start planning for retirement

 

4 Secure Your Family's Future In Your Absence

Secure Your Family's Future In Your Absence

SBI Life - Insurance Plans For Your Needs

SBI Life - Retire Smart Plus

UIN: 111L135V02

  • Retirement corpus creation through market linked returns with choice of 7 varied fund options
  • Flexibility to cater to your changing needs
  • Loyalty Additions and Terminal Addition to boost fund value

SBI Life - Smart Fortune Builder

UIN: 111L142V01

  • Guaranteed Additions* based on the policy term; longer the term, higher the guaranteed addition
  • Get additional Guaranteed Addition on Maturity
  • Life cover and tax benefits
  • Market linked returns through 12 varied fund options as per risk appetite

SBI Life - Smart Platina Advantage

UIN: 111N175V01

  • Guaranteed Additions# to boost your policy benefits
  • Enjoy tax benefits* as per Income Tax Act, 1961
  • Choice of Monthly, Half -yearly and Yearly Payment
  • Long Term Guaranteed Benefits

SBI Life - Smart Platina Plus

UIN: 111N133V03

  • Enjoy regular Guaranteed income during payout period
  • Flexibility to suit your life goals
  • Financial protection along with tax benefits*

SBI Life - Smart Scholar Plus

UIN: 111L144V01

  • Create corpus for your child with market-linked investment through 10 fund options
  • Dual benefit of lumpsum payout and premium waiver for policy continuance on insured event
  • Boost your funds through loyalty additions

SBI Life - Smart Elite Plus

UIN: 111L146V01

  • Market Linked Returns through 8 varied funds as per risk appetite
  • No Premium Allocation Charge from 6th policy year to enhance fund value
  • Life cover along with in-built Accident benefit

SBI Life - Smart Shield Plus

UIN: 111N150V01

  • Life Cover at an affordable premium
  • 3 Plan Options*: Increasing Cover, Level Cover with Future Proofing Benefit & Level Cover
  • Enhanced protection with optional Better Half Benefit and Rider^

SBI Life - eWealth Plus

UIN: 111L147V01

  • Premiums starting as low as 2,000 per month
  • No Premium Allocation Charges, thereby enhancing yourFund Value
  • Twin benefits of Life Insurance Cover and Market Linked Returns
For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
For more details on riders, terms and conditions, please read rider brochure.

*Tax Benefit:
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details here. Please consult your tax advisor for details.